since jpy is strong what should we expect from xxxjpy pair??? next week would bring us goodies...
H1 time frame. Structure: Downtrend. After a strong move down to create a new bottom forming a downtrend, the price of NZDCHF is showing signs of retesting the previous support at 0.64500. Wait for another retest to this price, then you can look for selling opportunities. The profit target is the 0.63700 and 0.62400...
Just a simple set up, wasn't really focusing on NZD pairs, but just got it now for a long trade on the 4H tf, was a late entry but a great market structure has been made here. Let's see how it goes on NZDCAD. If you have any thoughts or ideas feel free to drop a comment down below, lets learn together in this forex trading industry. Having fun learning SMC and...
Here is my idea for swing trade. don't miss 200 PIPS on it. Its seem huge stoploss 40 PIPS. But worth it to me for reward. good luck and safe trade
FX:NZDCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
I've not taken this trade but one I was watching and didn't pull the trigger on. Might work out nicely though...
✅GBP_NZD is retesting a strong resistance And Given that I am bearish biased on the pair I am expecting a move down After the retest and a bearish continnuation Towards the support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
There is a short oppotunity to take on NZJPY. The price has been stopped by a horizontal resistance in H4. Which means that the probability to see the price going down within the next 24 to 48h is pretty high. I decided to place a short order at 77.65 with a stop loss at 78.20 and a target at 76.70. Enjoy !
Here is our technical view for NZDCHF. Our analysis is based on current fundamental situation. According to our chart NZDCHF is coiling on support. Based on our stand point the price will go higher to the next resistance level. Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes and sharing my thoughts. Attention : Always use a proper risk management in trading. Be safe and trade responsibly
NZDJPY - Potential Descending flag along with Bat! Once we get a break out our targets for swings will be the 100/200% (200% also lands at the Bat D point) Which also taps into a large imbalance! Lot's more confluences on top of this too! Will be a nice swing once confirmed! Let me know your thoughts!
Price is currently trading in a ascending trend line . Price recently touch the support of the ascending tend line which is in line with a Fibonacci Retracement level of 78.6% and Fibonacci extension level of 61.8%. It can potentially move to the take profit level of 78.16 which is in line with Fibonacci extension level of 200%. Our bullish bias is further...
Here on the 4H Timeframe, we can see a very clear breakout from the long term correction on the AUDNZD which has been trapped in a falling channel . This is a clear indication to long the market from here with prosper risk and trade management. Thanks and good luck. Please, do well to like, comment and follow for more analysis and educational contents.
Prices are facing bearish pressure from the resistance zone at 77.20 which lines up with the 38.2% fibonacci retracement and 78.6% fibonacci extension. A pullback to test this resistance area presents an opportunity to play the drop to the next support target at 76.50 area. That said, we do caution current H1 support level that prices are testing at 76.80 and a...
NZDCAD is testing pivotal trend channel support, watch for bullish reversal patterns at current levels to set long positions targeting a test of the mid channel towards .92. A closing breach of channel support would set a downside equality objective of .8320
Hello guys, today, I would like to have a closer look at the NZD/CAD. What caught my eye here was a Price Action formation: “Rotation followed by a sell-off”. In the picture below I marked the rotation in blue and the sell of in black. When I see such a formation, then my next step is that I use my Flexible Volume Profile to look into that rotation to see how...
ent : 1.95635 sl : 1.95249 tp 1 : 1.96123 ( trail sl to ent ) tp 2 : 1.96765
NZDCHF, Waiting for this retracement to the 0.64550 area, where price broke support to be retested as resistance before getting into another sell